{"id":46555,"date":"2023-03-18T11:20:08","date_gmt":"2023-03-18T11:20:08","guid":{"rendered":"http:\/\/egrowonline.com\/?p=46555"},"modified":"2023-03-18T11:20:08","modified_gmt":"2023-03-18T11:20:08","slug":"euler-finance-hacker-starts-returning-stolen-ether","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=46555","title":{"rendered":"Euler Finance hacker starts returning stolen Ether"},"content":{"rendered":"


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The recent attack that drained $197 million from Euler Finance<\/a> was dubbed the biggest decentralized finance (DeFi)<\/a> hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart.<\/p>\n

On March 18, roughly 3,000 Ether (ETH<\/a>) ($5.4 million) were returned to Euler Finance\u2019s deployer address from the Euler Finance hacker\u2019s address. Blockchain investigator PeckShield identified three transactions that were used to send the funds.<\/p>\n

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https:\/\/t.co\/4OBksAu9od<\/a> pic.twitter.com\/Zb3MIyex2f<\/a><\/p>\n

\u2014 PeckShield Inc. (@peckshield) March 18, 2023<\/a><\/p><\/blockquote>\n

Cointelegraph confirmed that the hacker transferred 1,000 ETH per transaction to Euler\u2019s deployer account. However, chances that the hacker will return the entire loot of $197 million remain slim, as no more outbound transactions were recorded at the time of writing.<\/p>\n

On March 16, Euler Finance announced a $1 million reward to track down the hacker and retrieve the funds.<\/p>\n

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Today the Euler Foundation is launching a $1M reward in the hope that this provides additional incentive for information that leads to the Euler protocol attacker\u2019s arrest and the return of all funds extracted by the attacker.<\/p>\n

\u2014 Euler Labs (@eulerfinance) March 15, 2023<\/a><\/p><\/blockquote>\n

The exploiter was able to drain $197 million through multiple transactions and later used a multichain bridge to transfer the funds from the BNB Chain to Ethereum.<\/p>\n

Related: <\/em><\/strong>Euler Finance hacked despite 10 audits in 2 years, says CEO<\/em><\/strong><\/a><\/p>\n

Soon after a $1 million bounty was announced, the stolen funds were moved into the crypto mixer Tornado Cash. <\/p>\n

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#PeckShieldAlert<\/a> @eulerfinance<\/a> exploiter on the move
~1,000 $ETH<\/a> into Tornado Cash through intermediary address 0xc66d…c9ahttps:\/\/t.co\/LAkY66YpoF<\/a> pic.twitter.com\/0XhQV1nbgn<\/a><\/p>\n

\u2014 PeckShieldAlert (@PeckShieldAlert) March 16, 2023<\/a><\/p><\/blockquote>\n

Euler Finance demanded that the hacker return 90% of the funds within 24 hours to avoid possible jail time.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart. On March 18, roughly 3,000 Ether (ETH) ($5.4 million) were returned to Euler Finance\u2019s deployer address […]<\/p>\n","protected":false},"author":1,"featured_media":46556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[369,8805,28,3288,5398,563,959],"class_list":["post-46555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ether","tag-euler","tag-finance","tag-hacker","tag-returning","tag-starts","tag-stolen"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/03\/04a23a1c-bb0d-4df8-a439-bcfb3cf5494e.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/46555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46555"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/46555\/revisions"}],"predecessor-version":[{"id":46557,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/46555\/revisions\/46557"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/46556"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46555"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}